taxes Property Tax Assistance

2023 Confidence Interval Detail

Archer County
252-903/Olney ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 1,504,200 0.7111 2,115,314 12 65 0.021087202
A 1,296,640 0.7966 1,627,718 12 26 0.053512913
A 1,763,790 0.9708 1,816,842 9 17 0.021546300
A 2,147,580 1.0356 2,073,754 5 9 0.004019670
E 9,075,680 0.8872 10,229,576 20 75 0.021362047
G1 5,591,480 1.1479 4,871,051 8 35 0.179419643
G1 5,544,530 0.9834 5,638,123 6 11 0.000621945
G1 6,042,551 1.0364 5,830,327 4 5 0.002895543
Random Totals: 32,966,451 34,202,705 76 243
CATG D1 EXCEPTION VALUES: 11,265,800 10,250,634
CATG G1 EXCEPTION VALUES: 4,379,610 4,408,627
Total Test Values 48,611,861 48,861,966

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,443,098

Confidence Interval Values(5)

Local Test Value: 48,611,861 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 46,418,868 (State Test Value minus Margin of Error Percent)
State Upper Limit: 51,305,064 (State Test Value plus Margin of Error Percent)

Sources:
(1) See Stratified Category Worksheet Reports PTS236, PTS430
(2) Number of parcels sampled by staff
(3) Total Category Parcels from Stratification Report, Appraisal Roll, or Self-report
(4) Includes any parcels in A, B, C, D2, E, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values